4137 E 59 Th Street Cleveland, OH 44105
Listing Courtesy of: YES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick - Contact:  thefrederickteam@gmail.com 216-210-7653

  4137 E 59 Th Street Cleveland, OH 44105

Active (257 Days)
$64,500
3
BED
1
BATH
1,747
SQFT

Description

-Attention All Investors – Foreclosure Opportunity! Don’t miss this rare chance to scoop up a turnkey investment property that's vacant, easy to show, and ready for its next tenant with some cleaning! This solid 3-bedroom Cape Cod sits on a quiet, low-traffic street with a private backyard and has seen several updates over the past 6–7 years. With a little cleanup from the prior tenant that recently moved out, it’s rent-ready and offers strong income potential, with current market rents that are very affordable. Whether you're a seasoned investor or just getting started, this home is an excellent addition to your portfolio. The property features a full basement, a comfortable layout, and prior cosmetic and mechanical updates. It's in a transitioning area with rising values and rents, making it a smart long-term play. Investors have the option to self-manage or continue with professional property management already in place. Financing options available: Cash, hard money, or owner financing with 20% down (approx. 9% interest, 2-year balloon). Please note: No wholesalers. End-user buyers only. Photos show the home’s potential and updates—serious inquiries only. Proof of funds or pre-approval is required for all showings. Don’t wait—schedule your tour today and take advantage of this income-producing opportunity with immediate cash flow!

MLS #:
5116661
Taxes
$926(2023)
Lot Size
5,401 SQFT
Type
Single-Family Home
Year Built
1910
Style
Bungalow, Cape Cod
School District
Cleveland Municipal - 1809
County
Cuyahoga County
Community
Talbot

Listed By

Christopher Frederick, Coldwell Banker Schmidt Realty, Contact: thefrederickteam@gmail.com 216-210-7653
Source
YES MLS
Last checked Apr 25 2025 at 8:18 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Laundry: In Basement
Subdivision
  • Talbot
Property Features
  • Fireplace: 0
Heating and Cooling
  • Forced Air
  • Gas
  • Hot Water
  • Steam
Basement Information
  • Full
  • Unfinished
Exterior Features
  • Roof: Asphalt
  • Roof: Fiberglass
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Driveway
Stories
  • 2
Living Area
  • 1,747 sqft
Additional Information: Schmidt Realty | thefrederickteam@gmail.com 216-210-7653
Location
   
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Disclaimer: Copyright 2025 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/25/25 01:18